Financial Gravity Wealth Inc. Invests $156,000 in Schwab U.S. TIPs ETF (SCHP) Stock

Financial Gravity Wealth Inc. acquired a new position in Schwab U.S. TIPs ETF (NYSEARCA:SCHP) in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm acquired 2,927 shares of the company’s stock, valued at approximately $156,000.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in the stock. Captrust Financial Advisors boosted its holdings in Schwab U.S. TIPs ETF by 80.8% in the 2nd quarter. Captrust Financial Advisors now owns 2,155 shares of the company’s stock valued at $118,000 after purchasing an additional 963 shares during the period. The Manufacturers Life Insurance Company boosted its holdings in Schwab U.S. TIPs ETF by 57.7% in the 1st quarter. The Manufacturers Life Insurance Company now owns 2,792 shares of the company’s stock valued at $153,000 after purchasing an additional 1,021 shares during the period. Appleton Group LLC bought a new position in Schwab U.S. TIPs ETF in the 2nd quarter valued at $201,000. APCM Wealth Management for Individuals bought a new position in Schwab U.S. TIPs ETF in the 2nd quarter valued at $208,000. Finally, Dynamic Advisor Solutions LLC bought a new position in Schwab U.S. TIPs ETF in the 2nd quarter valued at $213,000.

NYSEARCA SCHP opened at $52.95 on Friday. Schwab U.S. TIPs ETF has a 52-week low of $52.92 and a 52-week high of $55.60.

The business also recently disclosed a monthly dividend, which was paid on Friday, October 5th. Stockholders of record on Tuesday, October 2nd were issued a dividend of $0.0929 per share. This represents a $1.11 dividend on an annualized basis and a dividend yield of 2.11%. The ex-dividend date was Monday, October 1st.

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Want to see what other hedge funds are holding SCHP? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Schwab U.S. TIPs ETF (NYSEARCA:SCHP).

Institutional Ownership by Quarter for Schwab U.S. TIPs ETF (NYSEARCA:SCHP)

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